{"id":133511,"date":"2024-07-01T11:18:26","date_gmt":"2024-07-01T11:18:26","guid":{"rendered":"https:\/\/feedzai.com\/?post_type=resource&p=133511"},"modified":"2024-07-01T11:32:54","modified_gmt":"2024-07-01T11:32:54","slug":"build-a-best-in-class-app-fraud-prevention-solution","status":"publish","type":"resource","link":"https:\/\/feedzai.com\/resource\/build-a-best-in-class-app-fraud-prevention-solution\/","title":{"rendered":"Build A Best-in-Class APP Fraud Prevention Solution"},"content":{"rendered":"

[vc_row row_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”65″ shift_y=”0″ z_index=”0″][vc_column column_width_percent=”100″ align_horizontal=”align_center” gutter_size=”0″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/1″][vc_custom_heading text_color=”color-142326″ text_size=”fontsize-554605″ text_weight=”600″ uncode_shortcode_id=”164115″ text_color_type=”uncode-palette”]Report[\/vc_custom_heading][vc_custom_heading text_color=”color-853579″ heading_semantic=”h1″ text_weight=”700″ uncode_shortcode_id=”179608″ text_color_type=”uncode-palette”]Combatting APP Fraud: How to Build a Best-in-Class Fraud Prevention Solution[\/vc_custom_heading][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/2″][vc_single_image dynamic=”yes” media_width_percent=”100″ uncode_shortcode_id=”111797″][vc_column_text uncode_shortcode_id=”402488″]<\/p>\n

A New Approach to a \u00a3460M \u2028APP Fraud Epidemic<\/h2>\n

With payments capable of moving in seconds and fraudsters continuously evolving their tactics, it\u2019s never been harder for banks to manage their fraud risk. Banks need a collaborative approach to fraud prevention, especially when new liability rules go into effect.<\/p>\n

Losses from authorised push payment (APP) fraud reached \u00a3460M in 2023, according to figures from UK Finance. These staggering APP losses are why the UK plans to implement new rules to protect APP fraud victims, including a requirement to split liability 50-50 between sending and receiving banks.
\nForm3\u2019s APP Fraud Solution merges its account-to-account payment processing capabilities with Feedzai\u2019s fraud and financial analytics to quickly identify risk and prevent fraudulent payments from reaching fraudsters. Download our new report, Combatting APP Fraud: How to build a best-in-class fraud prevention solution to learn how Form3\u2019s solution delivers:<\/p>\n

Read the report to learn:<\/p>\n